Offset Mortgage

[Moscow Mule]

Can somebody explain how this is legal - or how it works.

If you have a Limited Company it may also be possible to offset a limited amount of Company money too, subject to approval from your accountant.

From Contractor money trying to drum up business

[oracleslave]

Can somebody explain how this is legal - or how it works.



From Contractor money trying to drum up business

Link has duplicate http in it.

[Flubster]

Director's loan?

[Moscow Mule]

Link has duplicate http in it.

Silly internet explorer - must not forget U3 memory stick again.

[Lewis]

Director's loan?

Yeah that was my only guess too.

[Swiss Tony]

Can somebody explain how this is legal - or how it works.



From Contractor money trying to drum up business

It maybe the case that part of your residence holds your office from where your company conducts its business. If this is the case you might be able to pay some of your office ‘rent’ or utilities from your company into your mortgage. I would still ask your accountant mind.

[Likely]

Silly internet explorer - must not forget U3 memory stick again.

Who is silly ? Someone silly or someone relying on them ?

[Moscow Mule]

Who is silly ? Someone silly or someone relying on them ?

[Moscow Mule]

Director's loan?

So that would be a very limited amount, unless you repay it just before the deadline each year. That would be a bit cheeky wouldn't it?

I shall draft a letter to ask the accountants.

[Lewis]

So that would be a very limited amount, unless you repay it just before the deadline each year. That would be a bit cheeky wouldn't it?

I shall draft a letter to ask the accountants.

Yep, I would guess £5K. I'd be intersted in their reply when you get it as I have an offset.